Apple Is Quietly Working To Destroy The iPhone

All the way back in February of this year, Apple's iPhone business alone surpassed the size of Microsoft's entire business, reaching nearly $25 billion in quarterly revenue versus Microsoft's ~$20 billion.

Since February, Apple's iPhone business has only grown, widening this gap.

Here's the outdated chart from February:

Remarkable isn't it?

Here's what's more remarkable yet: At this very moment, Apple is working on technology that, if successfully developed, will cannibalize and ultimately destroy that iPhone business.

We have two pieces of evidence.

The first is that Apple has established a pattern.

Unlike most companies, Apple has a remarkable ability to predict the kinds of gadgets that will undercut the gadgets it sells, and then build these new gadgets better than anyone else could.

The best example of this is the iPad, which is actively disrupting Apple's own Mac business.